Topic: RAWX altcoin exchange (former mcxNOW) | LAUNCHED ON AUGUST 7 - page 16. (Read 25463 times)

I want to start off by saying that the claims RealSolid scammed are, as far as I'm aware, still unfounded. Did he manipulate things on his exchange (like mcxFEEs)? Sure. Did he pump and dump them? Definitely. Is that scamming? Absolutely not. And he gave plenty of time to withdraw coins before taking the site offline (and even allowed more withdrawals AFTER the site was down via IRC).

I'm not here to say "RS is a great dude!" or anything, but the claims of scamming still haven't shown any proof yet. I've followed him since 2013 and while I find his business and marketing sense abysmal at best (he seems to be a very competent programmer, but can't run a business, which is really part of the norm, so I don't fault him), I don't know of any case where he actually stole from anyone.

And with all of that, on to the RAWX topic. @Enlightened, are current FEE holders going to be invited to the closed beta?

Thank you

Frontend is 50% ready I would say. The exchange will open end of June for everyone. The closed beta will begin in early June.

Similar to what they used to be. 0.2% to 0.3% on each side. But that has to be decided yet.

You cannot buy any until the exchange launches. 100k will still be the maximum and they are all in circulation when the exchange launches. But of course you will be able to buy some on the exchange afterwards from other fee holders.

Make sure to subscribe to not miss any news

Good luck with the exchange! 
I have a few questions:
1. How far are you in the development process? When can we expect the exchange to open trading?
2. What will be the trading fees?
3. Will you offer feeshares for sale before the exchange launches? 100k is the max amount of feeshares iirc, will they all be in circulation (by previous mcxnow feeshare holders) when the exchange launches or is there a possibility for new people to buy shares?

Of course. However I am not sure about the selection process yet. Right now main focus lies on development

But the community will have a say in it of course.

are you adding new coins to the exchange?

Well, since I was and still am the biggest holder of mcxnow fees beside owner I was always looking what Realsolid might be about (once in a year he'd appear) and I had a chance to chat with him on mcxnow chat once few weeks ago and believe it or not, he looked like a normal guy. Really normal guy. It was bit of shock as he was obviously the biggest dickhead the Universe have seen before.

Enlightened or Realsolid, can't believe you 100% yet that you're not him, sorry, I obviously have big interest in this coming online and being successful so I hope you pull this out, it would be very nice gift.

[qu0te author=enlightened link=topic=1465315.msg14808129#msg14808129 date=1462889001]

Mind to elaborate?

- It's YOU who needs to elaborate not the other way around.
So far you have demonstrated a competent comprehension level of English
While simultaneously voluntarily bringing up all the key pieces of RealSolid / MCXnow's history.
(how you have been distancing yourself from RealSolid / MCXnow)

I know the history of the guy and the old exchange and apparently so do YOU rather well.
Nobody asked or brought it up until YOU did !
Your "spin" or "angle" on the history of MCXnow was "calculating" to those of us that know.

Wanna play smart ?
Get better at it and fast.. because your drowning like a fucking rock in the ocean here pal.
Not all of us are clueless noobs waiting to chant "Take my money now"
They are watching and the see what i see i guarantee you.
I ask questions and all you have done is be deflective and play games make insults and crack jokes..
While avoiding the tough questions asked of you.

---

First, I think competition is a good thing. It is good when there are different exchanges that meet the taste of different people.
Every exchange does some things a bit differently and users can choose which one to use.
I would like to contribute to this diversity, if you don't mind.

- We are not debating the merits of the abstract concept of "competition" or "diversity".
I also asked what is it EXACTLY that makes your exchange competitive or diverse.
You have said nothing in response.

If you don't understand the handful of questions i asked related to "competition"
Then i would like to kindly request you find someone smarter to spell it out to you.. slowly.
..if you don't mind.

Competition is needed in some areas of life but when we need a currency to be widely adopted
it is not smart.. it is counterproductive.
What if the USA had 7,000 different paper currencies to manage in store tills while shopping ?
We need more exchanges ? How many times are you going to quote my questions
and then say we need competition if you don't mind ?

I will have to take it as your ultimate answer for WHY .. for all this. (it is all i am getting)
Why did this guy take a sketchy exchange and re-launch it ?
"Competition is good and it's C++ ..if you don't mind"
Nice answer buddy ROFL

SOLD.. TAKE MY MONEY NOW !

I just hope this 3rd attempt will not end up like the last 2 attempts.
..you guys got bored of playing banker and wandered off with peoples money.
What is that saying again ? "Fool me once.." ?

---

Of course trust is a key issue. Neither mcxNOW nor Solidcoin24 have been hacken. No funds were lost. I believe this adds to my credibility.

- Oh yeah ?
Was MCXnow hacked ? as far as we know NO it was not.
Who trusts them ?
Nobody.

---

It's not that new. It's older than yours in fact.
I don't mean to be insulting, but producing posts containing baseless accusations doesn't make you a more credible person in any way. Especially not when I look at your trust rating.

- I don't mean to be insulting "Junior" but you are playing dumb again.
You are clearly someone who has been around for a while and chose to do this bullshit
with a Junior account from 2011 ..this does not scream credibility.
And i should not even have to point that out.. it was obvious to EVERYONE.

Want to STILL keep playing dumb on the same exact points comment after comment ?
Try this for example..
What if i used an abandoned Junior account i made 5 years ago to launch and exchange based off of Cryptsy.
And i made no mention of my normal account here or ANY related activity etc.
I can assure you 100% that this forum would sniff me out and be all over me over it..
and be confronting me about WHY i would have chosen to act in that manner.
Is that where i play dumb ?

---

Well use a proxy then.

- Forgot to post your reply here ?
Top notch security related advice LOL

---

I closed it, due to a lack of time. It was a hobby and I didn't run it to make money. But the important thing is that everyone had time to withdraw their funds.

- You don't run an exchange as a fucking "HOBBY"  
We have waaaaaaay too much of that bullshit in crypto.
All of you are fast to launch and flood the scene with any type of scheme you can think off.. for profit $$$

But supporting it long term like a professional or even an adult is beyond your grasp.
A mature adult knows for example you do not launch a new software program that would
require extensive permanent updates + security forever.. unless
..you are DAMN FUCKING sure you have the ABILITY to support it long term !

So what do people do if you get hit by a bus ? How will they get their money ?

I have seen this problem persist across the web for decades.. nothing new.
The internet is littered with teens abandoned projects..
And by the sounds of it your exchange here is now on round 3 of the same bullshit.
So why in gods name would we expect anything different ?

I also have been asking questions because i am curious why you consider launching
an exchange in this climate to be a smart decision.
This is not exactly a good time to be firing up another exchange now is it ?
UNLESS you have solved some of the fundamental problems i alluded to a few times earlier.

I said earlier.. roughly 80% of all exchanges claimed to have been hacked.
Almost none are still around.. we users have been taken for about $1,000,000,000.00 dollars.
So i will ask critical questions when guys re-launch sketchy exchanges that burned users before.
..IF YOU DON'T MIND.

And i could list them that have been hacked but it would be better if YOU did !
You are the one launching an exchange so i should hope you are aware of the large amount of previous exchange hacks that went down before.. i know them, i listed a shitload of them a few times before.
Did you even do your homework ?

By the way, the climate when it comes to hackers has changed dramatically. (since 2011)
Saying i never got hacked in 2011 like i just said, means sweet fuck all.

Hackers got way smarter and have picked up on the crypto thing since then.
In other words the situation has changed and the security is now a huge looming issue.
Who runs your security ? one guy ?
What are YOUR credentials related to security ? <-- the most important question of all here.

How are you going to reassure your customers that 1 guy is going to be able to run the exchange update wallets, code the site, add new features and maintain security
and of course.. do support tickets as you claim RealSolid could not keep up with so he shut it down.

You realize big banks around the globe get hacked a lot right ?
How is it you think you can do better than them security wise with your "C++" exchange ?

---

Where did I distance myself from the exchange it was born from?

- Playing dumb again ?

---

Good thing I am not Realsolid then

- Forgot to post your reply here ?

---

PS:
And i am done when i say i am done Junior

EDIT:
And by the way i think you blew it.
You should have brought up answers to my questions before i even asked.
They are common sense and answering them now to me would be too little too late.
I would view at is Spoetnik teaching the noob how to "do it"
I have long said i am not hanging around here to help kids build a better scam.. learn on your own !
You failed here "Junior".

Thank you callmejack for pointing that out.

I didn't tell you, Spoetnik, what callmejack just told you because you didn't ask.

All you did was saying

Welcome back by the way. I thought you were done after saying


Now to your latest post:

What other account do you mean? There is one single account that is under my control here on bitcointalk, which is this one. But you see, this is what I mean: baseless accusations.

My full name and address is on the webpage, because German law requires me to do so.
I am not an anonymous forum user accusing others of wrongdoing without giving proof.

Do you know how it feels developing, spending your free time on a project and reading posts like yours?
You probably don't, because you are obviously not a developer.

Please understand that I don't want to waste my time on responding to your posts anymore which contain nothing but baseless accusations. I don't have to defend myself in any way, so I won't.


Thankfully, there is other great feedback and people who support me which keeps me going.
Thank you guys!

c++ code makes it possible to control the whole system since there is no 3rd party code for databases, webservers and libraries in the exchange backend used.
having to rely on 3rd party code makes it simple to attack the site if a 0-day exploit is found for any package.
finding a 0-day for custom code is almost impossible since you have no access to the source to analyse it in depth to find useful attack vectors.

beside of security it runs much faster than anything else and can be optimized for requirements like thousands of transactions per second or in memory data verification.

Picking up and trying to carry on MCXnow was a horribly stupid idea to begin with.

But lets dig past that..

What is that you offer ?
I heard "Competition" because the more the better.

Guess what ?
As i am typing this i now officially declare myself competing for the 2020 Olympic weight lifting competition.
Get it ?

I asked you HOW exactly are you "competing" ?
What the hell is it in your mind do you think your doing that is deemed competitive vs other exchanges ?
I never got ANY answer.
Just some jab's about my rating here and some jokes.

I have asked numerous times also what the fuck is so great about a c++ backend ?
And what the hell does a c++ web site exchange mean anyway ?
RealSolid always said that before and i always laughed my ass off. (it said that on the bottom of every page)
I learned web design and started coding in c / c++ in around 2002 / 2003.
What about you Exchange coder ?
Can you tell us how a web site benefits from c++ code ?
I bet you were not even using computers back then son LOL

What we REALLY need is new exchanges that solve existing problems.
And there is a bunch of issues with the current generation of exchanges.
How do you address these existing problems ?
Like what ?
How about Transparency and some assurance / insurance against the owner walking off with the funds ?
Never mind getting into the Centralized / Decentralized aspect of things (where we SHOULD be heading)

To be brutally honest and fair ..more of the same does us no good.
And picking up the torch from MCXnow is a mighty foolish thing to do anyway.

Your willingness to bend over backwards trying to cover and make excuses
for RealSolid and MCXnow and including ties to the old exchange (such as the stuff about FEE's being transferred over)
Is bewildering and has me scratching my head.
If i was taking over RealSolid's exchange code i would be distancing myself from him.
And making it clear you took over his code & that is it !

If that is all that you are doing then why honor MCXnow fee's
and rail on and on and on defending both RealSolid & MCXnow ?
Something does not add up here !

And that other account is you OP and we can all see it clearly.

yeah, lotsa luck to the users 

LeChatNoir, I can understand your anger. Contrary to some others here you have justified your points, so let me address some of them.


I see what you mean. However I announced that every bit you and others owned of the old exchange will be converted to 'fee tokens' on RAWX. So you will keep your share.


All I can say about that is that I would have handled it differently.

Let me give you an example:
When Realsolid announced that there will be a hard fork of Solidcoin and the project kind of split (that was when he decided to go closed source), I supported both forks (which Realsolid didn't like at all) - because I didn't want to decide for the users which fork their coins should convert to, because I didn't want to make the choice for them.


This is nothing exchange related, so it has nothing to do with RAWX or me.

You seem to be someone who is not a blind hater, but who gives reasons and who is open to reason.

That's why I would ask you to simply keep to the facts. If I was Realsolid or if it is only about 'rebranding', why even announce RAWX as the successor of mcxNOW then at all?


I have always had an understanding of my community's thoughts and needs and was willing to listen to them. And I think everyone who used to trade on my exchange can confirm that. And that is what matters now, isn't it? Not how RealSolid handled things, but how I will handle them.

Selling a big portion of the business while promising i will do this and that and 2 weeks later closing down the exchange without reason or justification can be considered scam?
IMO it is scam!

And what about the DOGE haircut?
Realsolid made the users pay for HIS mistake in that case!

What about the startcoins he lost and never refund, because he was too busy traveling the world and left the exchange on autopilot for one month forgetting to update the wallet?

What about the promise of converting existing solidcoins into shares of a new coin, what about that promise?
He's been selling solidcoins to his users for one year and one day said fuck, you're gonna have nothing back greedy bastards!

I can go on and on, there's little doubt Realsolid IS a scammer.

Maybe "enlightened" is not Realsolid, but who tells us he's not just a low paid figurehead and Realsolid isn't still there running is new brand scam in the background?

Lotsa luck!

I absolutely cannot understand why people think or communicate that mcxnow felt scammy.

I can only remember one unplanned maintance downtime for which was stated after an analysis that it has been caused by a memory fragmentation issue which triggered the ai to take the site automatically down before trades could be made.

Once there has been a planned downtime with a date set from which on the coins will not be accessable until the site is up again. I left most of my coins in the exchange and after the site was up again all my coins were still there.

One thing which people who do not understand what they trade may refer as "scam" to is the fact that the doge developers decided to switch to a new hardfork without making sure that the backend infastructure the community has built upon their coin is ready for the switch. As those traders realized what they traded and wanted to switch to the hardfork it was not possible since the users created a own ecosystem in the original doge chain which has been independant to the new hardfork (yes, people mined in that chain to trade coins on mcxnow).
Like no other exchange does mcxnow always showed the current blockchain height of the hot wallets live and everybody could see wether the site is in sync or not.

If the codebase is as stable as it was the new site will really become important for the whole crypto scene since there is absolutely nothing comparable for high frequency trades and trade execution time. I cannot remember any successful ddos attack since the main exchange is hidden behind proxies.

My reply back is in BOLD text  

[qu0te author=enlightened link=topic=1465315.msg14808129#msg14808129 date=1462889001]

Mind to elaborate?

I don't need to i will let the others take a care of that.
I also have a few stories of my own but they are not needed.
You are simply denying common knowldege
Try using the forum search button if you want to play naive.

First, I think competition is a good thing. It is good when there are different exchanges that meet the taste of different people.
Every exchange does some things a bit differently and users can choose which one to use.
I would like to contribute to this diversity, if you don't mind.

- More exchanges and more coins is just what we need huh ?
Nice logic  
I made my point crystal clear by the way.
how is it you are going "COMPETE" with other exchanges
when i just finished saying you are doing things the same ways as the others.
AKA: another centralized exchange does not help us any at all.. c++ back end or not.
..what ever that means.  
And yeah i DO mind.
I need to put my foot down and say enough is enough.
You remind me of Coindesk when they ran a story claiming the more coins the better.
http://www.coindesk.com/need-altcoins-can-get/
Stupid logic from stupid people.. who are looking for profit cash money fiat $$$

Of course trust is a key issue. Neither mcxNOW nor Solidcoin24 have been hacken. No funds were lost. I believe this adds to my credibility.

- Saying we have not been hacked amounts to squat.
That does not = security or user confidence.. or ANYTHING.

It's not that new. It's older than yours in fact.
I don't mean to be insulting, but producing posts containing baseless accusations doesn't make you a more credible person in any way. Especially not when I look at your trust rating.

- I am not going to address my so called "TRUST" rating. (need more info then search around)

I don't care when you made your account.. Junior.
And you side stepped my valid point.
I don't hold the weight of Junior accounts too highly when they launch new coins or services.
I also bet my left nut you have other accounts you could log into here.
This is clearly the beggining.. step one create or start using a noob nobody account.
(to mask you well known identity)
So you claim you *contributed* something in 2011 ?
uhh so fucking what "Junior"  

Well use a proxy then.

- I don't visit websites that would require a proxy.

I closed it, due to a lack of time. It was a hobby and I didn't run it to make money. But the important thing is that everyone had time to withdraw their funds.

- Sounds EXACTLY what you claim happened with RealSoild
Now both of you claim to have gotten bored of your exchange and closed them
leaving people hanging.
Such as the guy who lost his coins on MCXnow who commented previously.
So how soon until this 3rd exchange gets boring and you wander off ?
Kids like starting things they just don't like having to support them permanently.

Where did I distance myself from the exchange it was born from?

- In your first post.. you playing dumb.

Good thing I am not Realsolid then

- Well rather than cracking jokes you could have addressed my concerns.
You chose not to.
So i am done.. good luck with your "NEW" c++ exchange.
Wanna place a wager to see how long it lasts ?

All these people hating on a good thing makes me sick; what is wrong with you people?

This is a new exchange, managed by someone who is not Realsolid and managed their own exchange in the past. Since when is propping up a new altcoin exchange a bad thing for this community? I would say your negative attitude gives crypto a bad rep. Everybody will be skeptical and I think that's a good thing, but don't assume for certain that you know the facts - skepticism is different from fact, and you are allowed to be skeptical - just don't be an ignorant dick about it and claim it as fact.

RS is not this guy, or maybe he is? Who fucking knows... nobody but RS and this guy that's who. But do yourself a favor and just read his posts and you can tell right away from his tone and manners that he is not RS, anybody who knew RS would agree with that statement. If you have doubts, then you are entitled to that. Just don't start throwing mud in this guys face because he wants to create a new altcoin exchange that is reliable and trustworthy. After all, we need more. Time will tell whether he is RS or a scammer or whatever.

It's funny because most of these haters were likely Cryptsy users who won't admit they lost funds in that horrible mess they called an exchange, yet as ex-mcxNOW users they want to talk about how apparently RS ruined their portfolios... How about Vern? this just isn't true and is unsubstantiated lies. Please, if one of you haters can tell me how RS scammed you from mcxNOW? Be careful, because I was a mcxNOW user from day one and I know the actual events that took place over there... so please, explain rather than troll.

I bet I know what's coming - "he shutdown his exchange and didn't let me withdraw my coins" - I'll say this now, this is not true. Everybody had a chance to withdraw their assets for months before he shutdown, so please don't say that anymore.

enlightened, keep up the good work bro - there are skeptics out there and there are people who believe in what you're doing, so keep it up!

Hi realsolid, "nice" to see you again. You should have just used your main account, no one is going to believe that you are not you.

He is definitely not RealSolid. The way he communicates with people and his ability to maintain his temper is just the opposite of RealSolid. The word cunt hasn't been mentioned even once. But then again maybe people change.